1878 Morgan Silver Dollar Coin 7 Tail Feathers XF $79.95

Is it me, or is that a little pricey?

https://www.moderncoinmart.com/1878...ontent=20210916_w_1878_P_morgan_silver_dollar

 

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Maybe not...
https://www.ebay.com/sch/i.html?_fr...&_nkw=1878+Morgan+Silver+Dollar+Coin&_sacat=0

 

What's the difference between the number of feathers. I'm not much of a Morgan Collector.

 

Why are Morgan dollars called 7 over 8 tail feathers?
The 7 over 8 Tail Feathers Morgan dollars or 7/8 TF as they are called came into existence because of an economic move to reuse the earlier 8 TF dies. All the 8 TF dies were modified to show 7 Tail feathers. But the underlying 8 feathers still showed through.

 

I would personally spend the extra cash and buy one graded .IMHO

 

i have a 2x2 box of these for 20 years, might be time to sell some....

 

Current guide on all three varieties is $55.00-$60.00 in XF 40, so yes, maybe a bit high at $80.00. The listing does not say which variety this is not a numerical grade so caveat emptor.

 

Because the 8th tail feather is under the 7 tail feathers. Hehehe

 

The 8TF can only be found in 1878 for Philly minted. For that year, you can find:



For the 7 TF, you can find in rev of 78 or 79:

 

There are several different 7/8 TF die pairs because they made quite a few 8TF dies but only struck 750k coins with that design. Some of them experienced die polishing and became 7/3, 7/4 TF varieties with weak "hangnails".

Bought a 7/4 TF VAM 41a a couple weeks ago for $42 (dealer marked it as a normal 7TF). Easily flipped it for $70.